InvestorsHub Logo
Followers 18
Posts 1490
Boards Moderated 0
Alias Born 07/23/2019

Re: dinogreeves post# 4800

Tuesday, 10/01/2019 9:06:37 PM

Tuesday, October 01, 2019 9:06:37 PM

Post# of 15888
And one of the best things about a cannibis REIT, is a lot of the big MSOs out there are desperate for ways to make themselves profitable. Early on they had to buy land to build greenhouses and buy retail storefronts to gain market advantage. They're figuring out now it makes no sense to own these hard assets when you can use that cash for expansion, bills, whatever you need, and not have to dilute the shareholders with convertible debt. They are ALL catching on to it and employing it. I'm seeing news about MSOs selling property and leasing it back from the REIT in longterm contracts all the time now. It's beautiful.

Not only that, but IIPR is the big dog in the sector doing the buying. What they don't have is a lot of competition, and guess what? Here comes Disanti. Maybe he'll be able to get a significant share of these deals. It wouldn't be hard to do. There are literally thousands of cannabis operators out there.